Data from the past six months shows that the amount of Bitcoin transferred to exchanges has shown a clear downward trend, which has become an important factor supporting the stability of Bitcoin prices. The data reflects a weakening willingness among investors to sell, with more and more people choosing to hold their assets for the long term.

The market is generally optimistic about the future trend of BTC, with many financial institutions in the United States predicting that BTC could reach between $200,000 and $300,000 in the short term. Trump's continued focus on the cryptocurrency sector has also somewhat boosted investor confidence, and many believe this could indicate potential profit opportunities.

It is worth noting that, although the current BTC price has exceeded the levels of late 2024 to early 2025, the selling pressure from transfers to exchanges has significantly decreased compared to that time, with a reduction of nearly 50%. This phenomenon indicates a significant shift in investor sentiment over approximately six months, and this change in mindset has become the core driving force behind maintaining BTC prices.

However, despite the weakening selling pressure, the market's buying power has not shown a particularly strong trend. Data shows that while the amount of Bitcoin withdrawn from the exchange remained at a normal and stable level two weeks ago, it has shown a clear downward trend in the past two weeks, which may reflect a decrease in risk appetite among some investors.

This does not mean that investors' confidence in Bitcoin's prospects has shaken. The aforementioned data on transfers to exchanges clearly illustrates this point. The current decline in purchasing power is likely due to recent market volatility events leading new funds to be more risk-averse, while the attitude of investors who already hold Bitcoin remains largely unchanged.